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Tuesday, March 12, 2024

IRS TAX SCAMS- Watching Out for IRS Impersonators

We are hot in the tax filing season. Here are some last-minute tips to ensure that you can avoid a scammer and that your personal information remains secure while you file your income taxes.

 

·         File early. OK, it might be too late for this tip during this tax season, but you can think about filing early for next year. The idea is to file your return before cybercriminals have the time to file a fake return in your name and collect any refunds that should belong to you.

·         Use an IP PIN. An Identity Protection PIN is a unique six-digit number that the IRS issues to taxpayers that ask for one. The IP PIN acts as a second method to verify you as you. If your Social Security number has been involved in a data breach, the National Cybersecurity Alliance (NCA) recommends that you apply for an IP PIN. The pin is a number that only you and the IRS know. You should not share it with anyone, and you should guard it like you do for your other sensitive personal information.

·         Enable MFA. This is being repeated by cybersecurity professionals (for some it might be ad nauseum) but it is important to enable Multifactor Authentication for each of your online accounts. The purpose is to deter cybercriminals, who may have harvested your ID and password to any of your accounts, from gaining access to your accounts with only your password. If you did not initiate a login to one of your accounts and you receive a code through a text message or your authenticator app then you should not approve the login. Be aware that there have been cases where hackers have attempted to login to accounts multiple times within a short period of time until the legitimate account holder gives up and approves the login. Also, some scammers try to convince their victims to respond to a code. Never give anyone an MFA code!

·         Watch out for scammers. Scammers frequently impersonate IRS agents or employees. They will contact you via email, text, or phone. Sometimes scammers will also send a letter via mail claiming to be from the IRS. The IRS says that it will not initiate contact via email, text, or phone. It initially contacts taxpayers via the U.S, Mail. In instances where it contacts a taxpayer by phone or a visit at a home or business, the IRS has sent multiple notices via the mail. Also, the IRS will not demand immediate payment to be paid to any other entity than the U.S. Treasury.

 

Red flags to look out for include,

 

·         Requests for data such as bank account information, Social Security numbers, login credentials, or mailing addresses.

·         Communications that try to impose a sense of urgency by scaring you or coercing you into acting right away.

·         Attachments included in any message. Opening an attachment can endanger your computer to malware or viruses.

·         Impersonating tax preparers. Scammers also impersonate employees from TurboTax and H&R Block.  Tax preparers will not initiate contact with you through phone, email, or text message asking for your login information.

 

The danger of scammers impersonating the IRS is throughout the year, not just during the income tax filing season. Keep these tips in mind if you receive an unexpected email, text message, or phone call from someone claiming to be from the IRS.

 

 

National Cybersecurity Alliance:

https://staysafeonline.org/resources/tax-time/?utm_medium=email&_hsmi=294494209&_hsenc=p2ANqtz-8BDIU5Vp2-NZRrQmJAQPwkxZzpaP_qI5FsNzQPaxpeZ7QdlQMFT5nyCMNshIwd7dZrXVF3cybm-pea2ssBoR5xlKng8g&utm_content=294494209&utm_source=hs_email

 

NBC News:

https://www.nbcnews.com/tech/security/s-need-know-tax-season-scams-rcna139839

 

IRS:

https://www.irs.gov/newsroom/tax-scamsconsumer-alerts?s=09

https://www.irs.gov/businesses/small-businesses-self-employed/tax-scams-how-to-report-them

 

 

 

 

 

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